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NewLaw firm Sprintlaw has secured over $1 million in its first equity capital raise.
Funding for the cap raise came from a collection of strategic angel investors, the firm said in a statement, and will be used to support its growth and development of proprietary tech solutions for the legal industry.
Following this funding round, Sprintlaw will continue its growth and expand its tech development, it said.
Firm co-founder Alex Solo said: “We’re excited to welcome our new investors on board as we enter our next phase of growth.”
“The funding will enable us to build on our success so far by investing in developing more innovative legal tech, improving our service offering and growing our client base.”
Jerome Doraisamy is the managing editor of Lawyers Weekly and HR Leader. He is also the author of The Wellness Doctrines book series, an admitted solicitor in New South Wales, and a board director of the Minds Count Foundation.
You can email Jerome at:
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